249 W Morgan, Rialto, California 92376, Rialto, 92376 - 4 bed, 3 bath
Loading property details...
249 W Morgan
Rialto, California 92376
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,555Sq Ft
8,500Lot Size
Property Price
LIST PRICE$599,900
EST. MARKET VALUE
$610,694
SUMMARY
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $600,000—positioned well below the $609,339 Fair Market Value by 1.5%. This valuation gap offers $9,339 in Instant Equity. Featuring an Excellent Condition Rating with recent kitchen and flooring upgrades, the property includes a 3BR/2BA main house and a 1BR/1BA rear unit. With a large 8,500 sqft lot and solar-ready infrastructure, it is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking supplemental rental income.
Estimated Market Value
$610,694
Based on Realkey algorithm analyzing recent comparable sales in Rialto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 249 W Morgan Subject | $599,900* List Price | 4 | 3 | 1,555 | $393 | - |
A 979 N Gardena Sold | $600,000 | 4 | 2 | 1,568 | $383 | 0.3 mi |
B 128 W Ramona Sold | $589,900 | 3 | 2 | 1,445 | $408 | 0.4 mi |
C 140 W Grove Street Sold | $640,000 | 4 | 3 | 1,776 | $360 | 0.3 mi |
D 1042 N Alice Sold | $565,000 | 3 | 2 | 1,231 | $459 | 0.4 mi |
E 133 E Van Koevering Sold | $610,000 | 3 | 2 | 1,767 | $345 | 0.3 mi |
F 565 N Riverside Sold | $590,000 | 4 | 2 | 1,300 | $454 | 0.4 mi |
G 631 N Park Active | $645,000 List Price | 4 | 3 | 1,509 | $427 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite the 1954 build date, the property qualifies as excellent due to recent comprehensive renovations. The kitchen features modern shaker-style cabinetry, updated tile backsplashes, and stainless steel appliances. Interior finishes include newer wood-look flooring and recessed lighting. Additionally, the electrical system has been modernized with a solar-compatible main service panel and a generator sub-panel, indicating significant system updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8500, living area = 1555.
- Dual-Unit Income Potential
The property features two separate units (a 3BR/2BA main house and a 1BR/1BA rear unit) in a non-rent controlled area, offering significant rental income potential or multi-generational living options.
- Recent Interior Upgrades
The home has been well-maintained with recent renovations to the flooring, kitchen, and rear unit, providing a modern, move-in-ready environment for the new owner.
CONSRISKS & DEFICIENCIES
- Solar Contract Assumption
The requirement for the buyer to assume the existing solar contract may be a financial deterrent or complicate the loan qualification process for some purchasers.
- As-Is Condition
The property is being sold in its current condition, which may limit the seller's willingness to negotiate repairs and could pose challenges for buyers using certain government-backed financing.
About 249 W Morgan
Great 'Investment Opportunity' or "Owner Occupancy with Rental income in the back. Two separate units, in a non rent controlled area. 1st Unit is 3bed/2bath and 2nd Unit is 1bed/1bath with a 2 car garage in a desirable neighborhood. This property is minutes away from the New Renaissance Shopping Center. This beautiful home features a Ceiling fan in the living room. Home is well maintained with recent upgrades to floors, kitchen and rear unit. Large open concept living area. Living room and family room . Fireplace. Open kitchen and dining room. Laundry area. Outdoor patio with grass area. Home comes with solar amp main service panel and generator sub panel. Buyer to assume the Solar Contract. Grab your belongings and move inn. make this your home. Parks and schools nearby. Close to 1-210 freeway, I-215 freeway and I-10 freeway. Buyer and Buyer’s agent to due own diligence and verify the accuracy. HOME SOLD AS-IS
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 8,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,555 | 1,588.43 |
| Lot Size | 8,500 | 8,089.32 |
| Price | $599.9K | $600.2K |
| Price per sq ft | $386 | $368 |
| Built year | 1954 | 1981 |
| HOA | $0 | $229 |
| Days on market | 44 | 54 |
Pricing History
Listed for Sale
Sep 8, 2026
$599,900
$600,000
+0% Price Increase
Initial Listing
Price Change
Sep 2, 2026
$600,000
$609,900
-2% Price Drop
Initial Listing
Price Change
Aug 30, 2026
$609,900
$619,900
-2% Price Drop
Initial Listing
Price Change
Aug 25, 2026
$619,900
$625,000
-1% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$625,000
Initial Listing
Sold
Oct 26, 2020
$420,000
Public Record
Sold
Nov 13, 2018
$376,000
Public Record
Sold
Aug 22, 2018
$270,000
Public Record